Chermside Business-Only MLRs | No Real Estate, 25-Year Agreements

First time on the market! These two modern apartment buildings located within only 2 minutes walk from each other, deliver a combined net profit of $257,889 from two genuine business-only management rights operations in Chermside.

Located just 10 km from the Brisbane CBD, these 125-apartment complexes offer exceptional operational flexibility, with no manager's unit to purchase, no requirement to live on-site, and no set office hours.

Both complexes offer full agreement terms with 25 years remaining, with very supportive body corporate committees. Caretaking responsibilities are deliberately light, limited to common area cleaning and minor garden maintenance. Dedicated air-conditioned offices at both complexes operate under occupational authority for the manager to use exclusively, providing professional workspaces without the capital commitment of real estate ownership.

Whether acquired as a bolt-on addition to an existing portfolio or as a low-maintenance entry point to the industry, these business-only assets offer outstanding flexibility and broad market appeal.